Remote northern property taxpayers get provincial relief
SUDBURY -- The Ford government is deferring $15 million in property taxes for people and businesses in parts of northern Ontario located outside of municipal boundaries.
This tax deferral builds on the $10 billion in cash flow supports made available to people and businesses as part of Ontario’s Action Plan: Responding to COVID-19.
"Our government is taking action to protect every person and every business across Ontario during this unprecedented time, including remote parts of northern Ontario," said Rod Phillips, Minister of Finance.
"All communities are feeling the impacts of this global outbreak. That’s why we’re providing a measure of relief for the owners of over 63,000 residential and business properties outside municipal boundaries."
Taxpayers in unincorporated areas get more time to pay each of the four 2020 Provincial Land Tax installments, 90 extra days to pay without incurring interest or penalties.
"Additional cash flow during these tough times can help keep food on the table for people in every corner of the province," said Phillips.
"This deferral will provide immediate relief to residents across the north, including residents of the Sault who own property or a business outside of the city," said Ross Romano, MPP for Sault Ste. Marie. "As members of Team Ontario, we all must continue to look for ways to support one another and flatten the curve with respect to COVID-19."